Clients in News: The Wall Street Journal

The Wall Street Journal logoCMG Capital Management Group CEO Steve Blumenthal is quoted today in The Wall Street Journal Article Mom-and-Pop Investors Bolt Emerging Markets, Since the start of June, $18.1 billion pulled from emerging market bond fund.

“[Retail] investors are behaviorally doing the exact opposite of what they should be doing,” said Steve Blumenthal, whose advisory firm manages $550 million for investment advisers and retail clients. “Emerging markets have perhaps the best valuation level of any of the markets, but they’re in a selloff.”

CMG Capital Management Group logoCMG Capital Management Group is a Registered Investment Advisor (RIA) that provides other RIAs, financial planners, and institutions with managed accounts, mutual funds and variable annuities. See CMG Capital Management Group constructs portfolios, funds and strategies with the objective of managing risk, mitigating volatility and smoothing the investment return stream over time.

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